Armenia—Household Consumption (% of GDP)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #68 of 177
Latest Value
68.3%
2024
YoY Change
+2.9%
2023 → 2024
Global Rank
#68
of 177 countries
Maximum
102.2%
2000
Minimum
66.4%
2023
CAGR
-1.7%
25 years
Last
68.3%
Previous
66.4%
Highest
102.2%
Lowest
66.4%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 68.3% | +2.9% |
| 2023 | 66.4% | -0.7% |
| 2022 | 66.8% | -6.3% |
| 2021 | 71.3% | -5.4% |
| 2020 | 75.3% | -9.6% |
| 2019 | 83.3% | +4.4% |
| 2018 | 79.8% | -0.3% |
| 2017 | 80.0% | +4.9% |
| 2016 | 76.3% | -2.1% |
| 2015 | 77.9% | -8.9% |
| 2014 | 85.5% | -1.4% |
| 2013 | 86.8% | +1.1% |
| 2012 | 85.9% | -2.4% |
| 2011 | 88.0% | +2.0% |
| 2010 | 86.3% | +2.0% |
| 2009 | 84.5% | +12.3% |
| 2008 | 75.3% | -0.1% |
| 2007 | 75.4% | -0.9% |
| 2006 | 76.0% | -4.3% |
| 2005 | 79.4% | -8.5% |
| 2004 | 86.8% | -1.0% |
| 2003 | 87.6% | -6.5% |
| 2002 | 93.7% | -4.8% |
| 2001 | 98.4% | -3.7% |
| 2000 | 102.2% |
Top Countries — Household Consumption (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Lebanon | 136.0% | 2023 |
| 2 | Somalia, Fed. Rep. | 133.4% | 2024 |
| 3 | Syrian Arab Republic | 114.8% | 2022 |
| 4 | Kiribati | 113.3% | 2023 |
| 5 | Comoros | 103.6% | 2024 |
| 6 | Tonga | 99.8% | 2023 |
| 7 | Haiti | 99.8% | 2024 |
| 8 | Afghanistan | 98.1% | 2023 |
| 9 | Central African Republic | 97.9% | 2024 |
| 10 | West Bank and Gaza | 95.5% | 2024 |
About This Indicator
Definition
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).
Source: World Bank - World Development IndicatorsView original source →